AOFS News & Announcements-

MUSCAT SECURITIES MARKET (MSM)Trading Hours: Sun - Thu 10:00 am-1:00 pm

Al Omaniya Financial Services Company AOFS
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Price in OMR Last Update : 21 Sep 2017 10:15 am (local time)
  • Moody's reaffirms AOFS’ global scale rating at Ba3 Nov 10, 2015 | Source : Muscat Daily

    Moody’s Investors Service has reaffirmed the global scale rating of Al Omaniya Financial Services (AOFS). The company has been assigned the Ba3 corporate family rating. The rating carries a stable outlook.  AOFS’ Ba3 CFR is a notch above the company’s B1...

  • Al Omaniya Financial Services Co H1 Net Profit Up 6% Jul 07, 2015 | Source : Muscat Daily

    Kick-starting the second-quarter earnings season, Al Omaniya Financial Services Co reported a 6.2 per cent rise in net profit for the six-month period ended June 30.  The company posted a net profit of RO3.1mn for the first half of...

  • Al Omaniya Financial declares 25pc dividend Mar 25, 2015 | Source : Oman Daily Observer

    The shareholders of Al Omaniya Financial Services SAOG , Oman’s largest non-banking financial institution, have approved the audited financial statements of the company, as well as a dividend of 25 per cent for the financial year 2014 comprising 15...

  • Al Omaniya 9M net profit rises 6.5% Oct 12, 2014 | Source : Muscat Daily

    Al Omaniya Financial Services, the largest non-banking finance company in the sultanate, reported a 6.5 per cent growth in net profit for the nine-month period ended September 30, 2014. Net profit grew to RO4.33mn from RO4.06mn in the same period last...

  • Oman’s Islamic banking assets surge 34% to RO3.4bn in April Jul 10, 2017 | Source : Muscat Daily

    Total assets of Islamic banks and windows in Oman reached to RO3.4bn at the end of April 2017 compared with RO2.54bn a year ago, recording a robust growth of 34 per cent. Islamic banking industry now accounts...

  • Al Ahlia Insurance IPO opens for subscription Jul 09, 2017 | Source : Muscat Daily

    Al Ahlia Insurance Company SAOG (under transformation) announced the opening of its initial public offering (IPO) for subscription. Al Ahlia’s IPO, which opened for subscription on July 4, is the first IPO on the Muscat Securities Market...

  • Vision Insurance IPO to open for subscription on Sunday Jul 06, 2017 | Source : Muscat Daily

    Vision Insurance SAOG (under transformation) announced to launch its initial public offering (IPO) to raise nearly RO4mn from the primary market in Oman. The company is offering 25mn shares at a price of 162bz per share, according...

  • Fitch Ratings revises five Omani banks’ outlooks to ‘negative’ Jul 05, 2017 | Source : Muscat Daily

    Fitch Ratings has revised the outlook on five Omani banks - Bank Muscat, HSBC Bank Oman, ahlibank, BankDhofar and Bank Sohar - to negative from stable. The outlook on National Bank of Oman (NBO) remained stable. Fitch...

  • 5 points for businesses to create a VAT compliance road map Apr 18, 2017 | Source : Saudi Gazette

    The introduction of a harmonized Value Added Tax (VAT) and excise tax in the Gulf Cooperation Council (GCC) by 2018 constitutes an important policy reform that aims to reduce reliance on hydrocarbon revenues. According to the IMF,...

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